Conerly Charts December 2011
We are pleased to re-post Dr. Conerly’s December charts for our clients. Please see his site for more data and comments: www.conerlyconsulting.com .
The Twillight Zone
The Twilight Zone We have been silent on the Euro zone mess for quite some time. We get plenty of calls on this topic, and, yet, we haven’t been able to bring ourselves to say much in writing. Why is that? The simple fact is that the trouble in Europe is in many ways unknowable. [...]
Conerly Charts November 2011
We are pleased to re-post Dr. Conerly’s November charts for our clients. Please see his site for more data and comments: www.conerlyconsulting.com .
Don’t Give Up on the U.S. Just Yet
Yes, things look pretty glum when you take a look around the U.S. today (not to mention, the world). Unemployment is hovering around 9.2%, the housing market is still near the depths of its slump, the politicians can’t or won’t play nicely in the sandbox together, as of 10/10/11 the S&P 500 was down 18% [...]
Conerly Charts October 2011
We are pleased to re-post Dr. Conerly’s October charts for our clients. Please see his site for more data and comments: www.conerlyconsulting.com .
Twisting the Fed Away
Today, the concern of the Fed for our economy was shown through actions dubbed Operation Twist in the popular press. Citing “significant downside risks to the economic outlook,” the Federal Reserve Open Market committee today announced they would enter the bond markets and start buying $400 billion of bonds with maturities of between six and [...]
Dr. Conerly’s September Charts
We are pleased to re-post Dr. Conerly’s September charts for our clients. Please see his site for more data and comments: www.conerlyconsulting.com .
Bond Swap
Some of you will be seeing confirmations coming in the mail from your custodian showing we have been busy buying and selling Morgan Stanley bonds recently. In fact, many of you will see that we sold your Morgan Stanley bonds the same day as we bought you different Morgan Stanley bonds. What gives you say? [...]
Watch what consumers do rather than what they say
Consumer confidence may well be in the dumps, but it is more important to watch consumer behavior when judging the economy. In June, consumers added $15.5 billion to their credit lines (revolving plus non-revolving). According to the Federal Reserve Bank of Atlanta, that was the largest monthly increase since August 2007 (see chart). Non-revolving credit [...]
Testing Your Risk Tolerance
If any traders’ proverb has been further from the truth this summer it is “Sell in May and go away.” It used to be that summer was a time where the stock, bond, and commodity markets didn’t do much because everyone was on vacation (either literally or figuratively). As we all know that sure hasn’t [...]
